−25% below market
median 2,000 €/m² for comparable properties
575,000 € 1,493 €/m²
Rent covers ~ 66% of the payment
~ 1,688 €/mo rent · you top up ~ 863 €/mo
Sale389,000 €2,185 €/m²
Expected rent1,688 € /mo
AT MARKET LEVEL
fairly priced
against the median for houses in Dolna Traka (89 properties)
Area
178 m²
Land Area
684 m²
Construction
Brick
Year
2006
Yield analysis
Fair investment rating
Monthly payment1,726 €20% down payment · 20 yrs · 3%
Expected rent1,688 €at market conditions for the neighbourhood
The rent covers 98% of the payment — you top up about 38 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 19 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This house is priced at the typical price (the median) for houses in Dolna Traka (89 properties) — 2,185 €/m² against 2,000 €/m².
The house is located in Trakata district, Varna, with asphalt access and a private yard.
It has three floors, a total area of 178 sq m, 10 separate rooms and 4 bathrooms, as well as a garage with direct street access.
The construction is brick from 2006, monolithic concrete, with a maintained roof and basic utilities – electricity and water.
The location offers tranquility close to nature, with the possibility of sea views from the second and third floors.
The property is suitable for personal use or investment with potential for various functional conversions.
With 20% down over 20 years the monthly mortgage payment is about 1,726 €, against an expected local rent of 1,688 €. The rent covers 98% of it.
Pros and cons
AI summaryPros
- garage with direct access
- large private yard
- sea view
- monolithic brick construction
Cons
- needs finishing renovation
Layout
- room
- room
- room
- room
- room
- room
- room
- room
- room
- room
Amenities
- With Parking
- Access Control
Exposure
AI summarySSouth
Maximum sunlight throughout the day
NNorth
Even light, cooler during summer
Details
- Category
- Residential
- Bathrooms
- 4
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
At market level
median 2,000 €/m² for comparable properties
549,990 € 2,191 €/m²
Rent covers ~ 69% of the payment
~ 1,688 €/mo rent · you top up ~ 752 €/mo
+23% above market
median 2,000 €/m² for comparable properties
1,850,000 € 2,456 €/m²
Rent covers ~ 21% of the payment
~ 1,688 €/mo rent · you top up ~ 6,520 €/mo
At market level
median 2,005 €/m² for comparable properties
669,000 € 1,939 €/m²
Rent covers ~ 75% of the payment
~ 2,217 €/mo rent · you top up ~ 751 €/mo
−36% below market
median 2,000 €/m² for comparable properties
444,000 € 1,286 €/m²
Rent covers ~ 86% of the payment
~ 1,688 €/mo rent · you top up ~ 282 €/mo
−34% below market
median 2,000 €/m² for comparable properties
995,000 € 1,323 €/m²
Rent covers ~ 38% of the payment
~ 1,688 €/mo rent · you top up ~ 2,727 €/mo
−39% below market
median 2,000 €/m² for comparable properties
420,000 € 1,220 €/m²
Rent covers ~ 91% of the payment
~ 1,688 €/mo rent · you top up ~ 175 €/mo
At market level
median 2,005 €/m² for comparable properties
1,100,000 € 2,007 €/m²
Rent covers ~ 45% of the payment
~ 2,217 €/mo rent · you top up ~ 2,663 €/mo